PHYSICIANS' MEDICAL CENTER LLC — financial and operating metrics

CCN 150172, NEW ALBANY, IN · Medicare cost reports, FY2020–FY2025

Unverified figures. Metrics marked unverified are derived from cost-report coordinates that have not yet been reconciled against audited financial statements. We show you which, rather than hiding it.

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MetricFY2020FY2021FY2022FY2023FY2024FY2025
Total facility beds availableunverified101010101010
Total bed days availableunverified3,6603,6503,6503,6503,6603,650
Total facility dischargesunverified547329395376360321
Total facility inpatient daysunverified900665658709687670
Total patient revenue (gross charges)unverified$200,416,995$229,856,892$224,755,078$227,558,873$233,005,823$231,824,298
Contractual allowances and discountsunverified$152,228,910$170,170,351$164,745,472$168,235,606$172,326,528$171,886,373
Net patient revenueunverified$48,188,085$59,686,541$60,009,606$59,323,267$60,679,295$59,937,925
Total operating expensesunverified$41,060,498$46,239,598$45,039,696$48,425,517$53,171,367$51,956,000
Net income from service to patientsunverified$7,127,587$13,446,943$14,969,910$10,897,750$7,507,928$7,981,925
Net incomeunverified$10,265,979$15,599,849$15,203,278$10,902,361$8,350,588$7,961,707
Cost of uncompensated careunverified$347,237$289,430$33,491$68,645$489,690
Total facility bad debt expenseunverified$1,642,687$1,409,148$166,200$301,813$2,142,219
Operating marginunverified14.8%22.5%24.9%18.4%12.4%13.3%
Overall cost-to-charge ratiounverified20.5%20.1%20.0%21.3%22.8%22.4%
Occupancy rateunverified24.6%18.2%18.0%19.4%18.8%18.4%
Average length of stayunverified1.62.01.71.91.92.1
Uncompensated care as % of operating expenseunverified0.8%0.6%0.1%0.1%0.9%
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